Auto Loan
KIA Financing
Unhappy with your current auto loan terms? Click here to refinance and drive home some savings!
Unhappy with your current auto loan terms? Click here to refinance and drive home some savings!
Kia Finance offers vehicle loans, leases, rebates, and low-APR packages. You can get Kia Finance interest rates as low as 0.00% APR, but strong credit scores are mandatory. You can also check out local banks, credit unions, or lenders to Finance your Kia.
Key Takeaways
Kia Finance loans are available for new, used, and certified pre-owned cars. You can apply for Kia financing online or visit your nearest dealership. As promotions and cash-back rebates are usual in Kia, it is best that you contact your local dealership for the right information.
Though Kia accepts buyers with credit scores as low as 650, a higher score is needed to get a 0.00% or 0.90% financing. Depending on Kia auto loan rates, they offer 24-72-month loan terms. In case of special promotions, there are possibilities that you get an 84-month loan term.
If you plan to lease a Kia, Kia financing offers 24-48-month leases and 10,000 - 25,000 yearly mileage. You can pay off your lease early and keep the automobile until the conclusion of your term without penalties, but you cannot turn it in early.
You can earn up to $900 in loyalty incentives if you lease or buy a new Kia within 60 days of your term. You can utilize $400 of the credit for your turn-in fee and $500 for excess wear and use.
Kia Motor Finance financing has advantages and disadvantages like any loan. Consider these factors to decide if dealer financing is best for you.
| Advantages | Disadvantages |
|---|---|
| Promotional financing with 0.00% APR | Only Kia dealerships offer financing |
| No prepayment fees | Offers change periodically, so your desired deal may not be available when you buy |
| Application is simple | Military bonus is low compared to the competition |
| Quite hefty lease loyalty bonus |
Kia financing deals include low APR and discounts. However, the deals vary based on your location, area, season, supply, and demand. The offers generally last for 30 days.
Kia Military Bonus - Veterans, current serving, and disabled military personnel may qualify for the Kia Military Bonus. This promotion includes $300 off your purchase if you present one of these documents:
A military ID doesn't prove program eligibility.
Military discounts from dealerships are complex since you must request them before negotiating. That makes it unclear if you're getting an extra $300 off or if you could have bargained it into the price.
Though Kia financing can be applied at the dealership, Kia offers you the option to apply online. So, ideally, you will know the vehicle you want to buy even before applying.
You'll need to submit the following information to get started with the application process:
| Kia | Auto Credit Express | MyAutoLoan | |
|---|---|---|---|
| Starting APR | 0.00% APR | Varies | 4.75% |
| Terms | 24-72 months | Up to 72 months | 12-84 months |
| Minimum credit score | 650 | 500 | 575 |
Drivers who wish to buy or lease cars from Kia should consider Kia finance. Our analysis shows drivers with high credit scores can get affordable financing rates on various vehicle models. The organization also allows flexible auto loan and leasing terms. Kia doesn't work with low-credit borrowers, so it's not for everyone.
Kia occasionally offers 0.00% APR. These offers appear when dealerships want to sell inventory, so know you may negotiate, especially if you're shopping near the end of the month, quarter, or year.
Kia's best rates require a 720 credit score, regardless of special offers. At least a 650 credit score is required to qualify; however, rates will be substantially greater.
You can repay your Kia Financing loan early without penalty. You can pay off your lease early without penalty if you don't turn in the automobile before the term ends. Early car return incurs a penalty.
Online Payment: Kia Motors Finance accepts online payments. Log in, select the payment option, enter your payment information, and submit your payment to pay online.
Phone Payment: Call Kia Motors Finance customer service to pay by phone. Provide account and payment information to pay over the phone.
Mail Payment: Mail Kia Motors Finance's payment processing center your payment. Mail a check or money order to the address on your billing statement to pay by mail.
After billing, the customer cannot cancel online. The customer must visit the dealer to de-invoice and de-allot the VIN. Customers can request Online Cancellation after de-allocation.
If you want to delay your Kia payment, it's best to reach out to Kia Motors or your financing institution to discuss your options. It's crucial to have a conversation about your specific circumstances and fully comprehend the potential consequences before moving forward, as the terms and conditions for payment deferment can differ.
New, used, and CPO Kia can be purchased using auto loans. According to our study, the manufacturer constantly modifies APRs and gives incentives for new cars. Kia vehicles may have 0.90% or 0.00% APR auto loans. Loan periods average 48–75 months.